GENERAL CATEGORIES

DOMESTIC CORPORATION IN GENERAL, INCLUDING GOCCs, AGENCIES OR INSTRUMENTALITIES (EXCEPT GSIS, SSS, PHIC, PCSO AND PAGCOR) ENGAGED IN A SIMILAR BUSINESS INDUSTRY OR ACTIVITIES All Sources T ! B se " T ! R #e

Sources of Income Nature of Income

TAX BASE and TAX RATES FOR DOMESTIC CORPORATIONS

In General Pro r!etar" Educat!onal Inst!tut!ons and #os !tals $%!c% are non rof!t

T ! $le Ne# I%co&e T ! $le Ne# I%co&e

'() *() o% #+e,r # ! $le ,%co&e

T ! $le Ne# I%co&e Go&ernment'o$ned or controlled cor orat!ons( a)enc!es or !nstrumental!t!es( e*ce t Go&ernment Ser&!ce Insurance S"stem +GSIS,( Soc!al Secur!t" S"stem +SSS,( P%!l! !ne #ealt% Insurance Cor orat!on +P#IC,( Local -ater D!str!cts +L-D,( and P%!l! !ne C%ar!t" S$ee sta.es Off!ce +PCSO, Income der!&ed under t%e e* anded FCDS T ! $le Gross I%co&e '() u-o% #+e,r # ! $le ,%co&e .er,/e. .ur,%0 e c+ # ! $le 1e r2 2

Gross ,%#eres# ,%co&e .er,/e. $1 .o&es#,c cor-or #,o% %. res,.e%# 3ore,0% cor-or #,o% 3ro& .e-os,# r1 $ %4 526) 78T

PASSI/E AND OT#ER SO0RCES OF INCOME Interest from P%!l! !ne currenc" 1an. de os!ts and "!eld or an" ot%er monetar" 1enef!t from de os!t su1st!tutes and from trust funds and s!m!lar arran)ements( and ro"alt!es Interest !ncome from fore!)n currenc" 1an. de os!ts Net ca !tal )a!ns der!&ed from t%e sale of s%ares of stoc. not traded !n t%e stoc. e*c%an)e2 Intercor orate d!&!dends Ca !tal )a!ns der!&ed from t%e sale( e*c%an)e or d!s os!t!on of lands and3or 1u!ld!n)s treated as ca !tal assets and not used !n t%e 1us!ness of a cor orat!on 9() 3,% l :,#++ol.,%0 # ! o% #+e 0ross &ou%#

5 *"9) 3,% l :,#++ol.,%0 # ! o% #+e 0ross &ou%# No# o/er P*((,((( ; 6) A&ou%# ,% e!cess o3 P*((,((( ; *() E!e&-# <) o3 #+e 0ross sell,%0 -r,ce or 3 ,r & r4e# / lue :+,c+e/er ,s +,0+er2

S0MMAR4 OF -IT##OLDING TAX RATES OF DOMESTIC CORPORATIONS T4PE OF INCOME D!&!dends from a domest!c cor orat!on Ro"alt!es Interest on P%!l! !ne Currenc" 1an. De os!t su1st!tutes Interest from a de os!tor" Ban. Ga!ns from sale of S%ares of Stoc. Ga!ns from sale of land and3or 1u!ld!n)s Ot%er f!*ed or determ!na1le )a!ns( rof!t and !ncome Gross Income from contracts 1" su1contractors from ser&!ce contractors en)a)ed !n 5 etroleum o erat!ons6 Profess!onal fees( talent fees( etc7( for ser&!ces of ta*a1le 8ur!d!cal ersons Gross rentals for t%e use of real ro ert" used !n 1us!ness( oles( satell!tes and transm!ss!on fac!l!t!es( and s aces used !n ost!n) ad&ert!sements !n t%e form of 1!ll1oards Gross rentals !n e*cess of P9:( ::: for t%e use of ersonal ro ert" used !n 1us!ness Gross a"ments to cor orate c!nemato)ra %!c f!lm o$ners( lessors or d!str!1utors Income a"ments made to )eneral en)!neer!n)( 1u!ld!n)( and s ec!alt" contractors +$%en ta*a1le as a RATE ;; 9() 7,% l 9() 7,% l 526 ) 7,% l 6) ; *( ) 7,% l <) 7,% l ;; =) *6) cre.,# $le ,3 #+e 0ross ,%co&e 3or #+e curre%# 1e r e!cee.s P59(,(((> %. *() ,3 o#+er:,se 6) cre.,# $le

6) cre.,# $le 6) cre.,# $le 9) Cre.,# $le

cor orat!on, One'%alf +93;, of t%e )ross amount a!d 1" cred!t card com an!es to an" 1us!ness ent!t" re resent!n) t%e sales of )oods3ser&!ces to card%olders Pa"ments made 1" t%e )o&ernment to !ts local3res!dent su l!er of )oods and local3res!dent su l!er of ser&!ces ot%er t%an t%ose co&ered 1" ot%er rates $!t%%old!n) ta* +e*ce t an" s!n)le urc%ase of P9:(:::and 1elo$, Income a"ments made 1" to t$ent" t%ousand cor orat!ons and )o&ernment to local su l!ers of )oods and ser&!ces +e*ce t s!n)le urc%ase of P9:(::: or less 1" )o&ernment, Comm!ss!ons of !nde endent and e*clus!&e d!str!1utors Toll!n) fees a!d to ref!ner!es Pa"ments made to em1almers for ser&!ces rendered to funeral com an!es Pa"ments made 1" re'need com an" to funeral arlors Pa"ments made to su l!ers of a)r!cultural roducts Income a"ments on urc%ases of m!nerals( m!neral roducts( and <uarr" resources MERALCO Pa"ments on2 a7 MERALCO Refund ar!s!n) from Su reme Court Case GR No7 9=>9= 17 Interest !ncome on t%e refund of meter de os!ts *) cre.,# $le

*) cre.,# $le #o su--l,er o3 0oo.s> 9)cre.,# $le #o su--l,er o3 ser/,ces

*) cre.,# $le #o su--l,er o3 0oo.s> 9)cre.,# $le #o su--l,er o3 ser/,ces

*() cre.,# $le 6) cre.,# $le *) cre.,# $le *) cre.,# $le *) cre.,# $le *() cre.,# $le

96) cre.,# $le 3or cus#o&ers :,#+ c#,/e co%#r c#> '9) 3or cus#o&ers :,#+ #er&,% #e. co%#r c# *() cre.,# $le> %. 9() ,3 %o%;res,.e%#, l cus#o&ers :,#+ &o%#+l1 elec#r,c,#1 co%su&-#,o% o3 &ore #+ % 9((4:+